In a letter to investors dated October 28, Elliott Management said it remained hopeful that a consensual resolution can be achieved with Argentina regarding the hedge funds dispute. Elliott, which ranks among the industry's most enduring funds, having opened in 1977 with one million dollars in assets, tried to force Argentina to make full payment on bonds it bought more than a decade ago.
The United Nations said that the United States has pledged not to spy on the world body's communications after a report that the National Security Agency had gained access to the UN video conferencing system.
Britain approved a new system of regulating its press, a move newspapers said was draconian and threatened freedom of speech but which former victims of press excess described as long overdue.
Vessels from China's Popular Liberation Navy docked for the first time in Buenos Aires in the framework of a South American tour that includes Chile and Brazil. The lead ship is destroyer Lanzhou with missile capability, the frigate Liuzhou and the support vessel Boyanghou, all active with the China's South Sea Fleet.
Pope Francis ranks as the fourth most powerful person in the world and the most powerful Latin-American, according to Forbes’ annual Most Powerful in the World List which this year had Russian President Vladimir Putin ranked number one ahead of President Barack Obama and the General Secretary of the Communist Party of China Xi Jinping, number three.
President Barack Obama has been demoted to second place from Forbes' Most Powerful People list which has named Russia's President Vladimir Putin as the leader of the pack.
The Brazilian government is trying to establish a dialogue with the anarchist group identifies as Black Bloc which has been made responsible by the police for the outbreak of violence and vandalism in the ongoing protests in the country, said the Executive Office Secretary General Gilberto Carvalho.
Four former Brazilian presidents Jose Sarney, Fernando Color de Mello, Fernando Henrique Cardoso and Lula da Silva were honored at a ceremony in the Senate to commemorate the 25 years of the 1988 constitution.
The Inter-American Development Bank (IDB) has approved a 300 million dollars loan to finance a multiple-work road program aimed at improving the conditions of accessibility, efficiency, and safety of priority roads of Argentina’s Norte Grande Region’s provincial road network and at contributing to the area’s sustainable economic development.
Argentine president Cristina Fernandez who is currently recovering from cranium surgery to drain a blood clot, “reads and knows everything” about the current state of things in the country, revealed governor of Entre Ríos province Sergio Urribarri.